Amphenol Corporation $APH Holdings Boosted by Fifth Third Bancorp

Key Points

• Fifth Third Bancorp increased its holdings in Amphenol Corporation by 14.7% during the 2nd quarter, owning 136,405 shares valued at $13.47 million.
• Amphenol reported a strong quarterly performance with a 56.5% year-over-year revenue increase, bringing in $5.65 billion, and beat earnings expectations with an EPS of $0.81.
• The company declared a quarterly dividend of $0.165 per share, with a dividend yield currently at 0.5% and a payout ratio of 26.29%.

Fifth Third Bancorp raised its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 14.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 136,405 shares of the electronics maker's stock after purchasing an additional 17,430 shares during the quarter. Fifth Third Bancorp's holdings in Amphenol were worth $13,470,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Forte Capital LLC ADV acquired a new stake in shares of Amphenol during the 2nd quarter valued at $270,000. Counterpoint Mutual Funds LLC acquired a new position in Amphenol in the 2nd quarter valued at $408,000. Crew Capital Management Ltd. bought a new position in shares of Amphenol in the second quarter worth about $1,177,000. Occidental Asset Management LLC bought a new position in Amphenol during the second quarter worth $273,000. Finally, Opal Wealth Advisors LLC bought a new position in shares of Amphenol during the 2nd quarter worth about $25,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Down 1.7%

NYSE APH opened at $123.27 on Thursday. The stock's 50 day simple moving average is $111.13 and its 200 day simple moving average is $91.24. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. Amphenol Corporation has a one year low of $56.45 and a one year high of $126.06. The firm has a market cap of $150.50 billion, a PE ratio of 49.11, a price-to-earnings-growth ratio of 2.01 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company had revenue of $5.65 billion for the quarter, compared to analysts' expectations of $5.01 billion. During the same quarter in the prior year, the business earned $0.44 earnings per share. The business's revenue for the quarter was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, sell-side analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

Insider Activity at Amphenol

In other Amphenol news, VP David M. Silverman sold 100,000 shares of the company's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the transaction, the vice president owned 12,500 shares of the company's stock, valued at approximately $1,380,250. This represents a 88.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William J. Doherty sold 113,000 shares of the stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total value of $12,304,570.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 665,924 shares of company stock worth $73,369,357. Company insiders own 1.67% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. UBS Group raised their price objective on shares of Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Bank of America lifted their target price on shares of Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a research report on Friday, July 11th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, Amphenol presently has an average rating of "Moderate Buy" and an average price target of $107.15.

Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.

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